CANADA STOCKS-TSX set to open higher after oil prices gain

Feb 12 (Reuters) - Stock futures pointed to a higher start
for Canada's main index on Friday as oil prices rose after
comments from the United Arab Emirates' energy minister raised
hopes of a coordinated production cut to tackle supply glut.

UAE Energy Minister Suhail bin Mohammed al-Mazrouei said the
Organization of the Petroleum Exporting Countries (OPEC) was
willing to talk with other exporters about cutting output. He
said cheap oil was already forcing some output reductions, which
would help rebalance the market.

March futures on the S&P TSX index were up 0.76
percent at 7:15 a.m. ET.